Woodmont Investment Counsel LLC Acquires Shares of 1,164 iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Woodmont Investment Counsel LLC bought a new stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 1,164 shares of the company’s stock, valued at approximately $74,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Blue Trust Inc. boosted its stake in shares of iShares Core MSCI Pacific ETF by 40.2% during the 4th quarter. Blue Trust Inc. now owns 6,757,535 shares of the company’s stock valued at $375,719,000 after buying an additional 1,937,858 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in iShares Core MSCI Pacific ETF by 4.6% during the first quarter. Municipal Employees Retirement System of Michigan now owns 4,683,690 shares of the company’s stock worth $296,524,000 after purchasing an additional 207,000 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in iShares Core MSCI Pacific ETF by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,183,335 shares of the company’s stock worth $248,950,000 after purchasing an additional 262,634 shares during the last quarter. Mather Group LLC. lifted its stake in iShares Core MSCI Pacific ETF by 4.5% during the fourth quarter. Mather Group LLC. now owns 623,089 shares of the company’s stock worth $37,080,000 after purchasing an additional 26,751 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. lifted its stake in iShares Core MSCI Pacific ETF by 2,356.1% during the third quarter. Financial Gravity Asset Management Inc. now owns 558,350 shares of the company’s stock worth $31,044,000 after purchasing an additional 535,617 shares during the last quarter.

iShares Core MSCI Pacific ETF Price Performance

IPAC traded up $0.59 during trading hours on Tuesday, hitting $61.57. 66,715 shares of the stock were exchanged, compared to its average volume of 149,631. The stock has a 50-day simple moving average of $61.49 and a 200-day simple moving average of $61.03. iShares Core MSCI Pacific ETF has a 12 month low of $52.93 and a 12 month high of $63.85. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 13.70 and a beta of 0.82.

iShares Core MSCI Pacific ETF Profile

The iShares Core MSCI Pacific ETF (IPAC) is an exchange-traded fund that is based on the MSCI Pacific IMI index, a market-cap-weighted index of developed Pacific securities. IPAC was launched on Jun 10, 2014 and is managed by BlackRock.